Topic: Finance and debt
Prepare now for the next financial crisis
Article / 25th July 2017The Asian financial crisis started 20 years ago and the global financial crisis and recession 9 years back. When a new global financial crisis strikes, the developing countries will be more damaged than in the last crisis as they have become less resilient and more vulnerable. They thus need to prepare from being overwhelmed.
Re-imagining UK aid: What a progressive strategy could look like
Report / 25th July 2017For too long aid spending has been driven by notions of charity, national self-interest, and an ideological belief that free markets and multinational business can solve the world’s problems. A new progressive vision for UK aid is urgently needed—re-focused on principles of social justice and the need to redistribute economic and political power in the world. This report lays out the key ways in which this can be achieved, by Global Justice Now.
Inequality is not inevitable, it’s a policy choice. For proof, look at Namibia
Article / 20th July 2017Don’t despair that the huge gaps between rich and poor cannot ever be bridged. As Oxfam's new 'Commitment to Reducing Inequality' index shows, government policies really can help to shape more – or less – equal societies and economies. By Max Lawson.
A world in trouble: drought, war, food, flight
Article / 19th July 2017Climate change is becoming a permanent reality affecting food supplies in many parts of the world, escalating a new international food crisis in 19 countries. As the trend of increasing migratory flows worsens, there is no escape from the need for a rapid reduction in carbon emissions, writes Paul Rogers for openDemocracy.
Poverty reduction as a goal sounds lovely, but this fairy tale vision of development and of human rights betrays a serious misunderstanding of poverty
Article / 17th July 2017A collection of myth-busting insights about global inequality and the creation of poverty, with key questions to ponder in the latest human rights reader no. 417, by Claudio Schuftan.
G20 is desperately trying to save a failed world order
Article / 17th July 2017A new politics is needed if the incredible riches of our world are to be shared by the many. But the G20 cannot or will not adopt such a redistributive and regulatory agenda; only massive popular action can bring it about, writes Nick Dearden.
Citizens’ wealth funds: An alternative to the inequality escalator
Blog / 1st July 2017Shouldn't the returns from at least part of our national wealth go to all citizens and not just the already rich? By Stewart Lansley, Inequality.org.
Degrowth: the case for a new economic paradigm
Article / 30th June 2017Unbridled growth appears to be at odds with social well-being and environmental sustainability. How might we develop a model that reduces the imperative for growth while maintaining economic stability? By Riccardo Mastini for openDemocracy.
Development: World Bank fudges on inequality
Blog / 19th May 2017The World Bank has released its first annual report tracking progress towards the two key SDGs on poverty and inequality. But the analysis does not explain its claim of a modest, partial reversal of previously growing inequality, while its policy prescriptions remain surprisingly limited, write Jomo Kwame Sundaram and Anis Chowdhury.
Debt campaigners highlight countries in crisis
Article / 17th May 2017Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.